- The IHS Markit Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector.
- Basic Materials sector output growth eased for a second straight month to land in the last position of the eight sector groups we track in the global sector survey.
- Separately, prior to the release of the global sector data, Asia Sector PMI™ had also continued to tell the story of the Delta wave impact in July with the Consumer Services sector group in contraction as opposed to the global trend.
For further details see:
Global Economic Recovery Remains Driven By Consumer Services While Basic Materials Output Lags